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The Constitution gives Congress the power to make laws to carry out its enumerated powers through the:
Economies of Scale
The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.
Average-total-cost Curve
A graphical representation that shows the average total cost of producing each quantity of output.
Marginal-cost Curve
The marginal-cost curve depicts how the cost of producing one additional unit of a good or service varies as production increases.
Economies of Scale
The cost advantage that arises with increased output of a product, as costs are spread over a larger number of goods.
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